Associates, Financial Accounting

ING Group

$110K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting or Business Administration with a focus on Accounting.
  • Minimum 2 years of experience as a financial or accounting analyst in financial services.
  • Knowledge of financial and regulatory reporting processes.
  • Experience with variance analysis and implementation of accounting policies.
  • Proficient in financial products like Rev/Repo, Stock Borrow/Loan, and derivatives.
  • Skilled in Power BI and Python for financial reporting.
  • Ability to navigate enterprise financial systems for reconciliation and reporting.

Responsibilities

  • Lead consolidated financial and regulatory reporting for ING’s head office.
  • Oversee preparation of Year-End audited financial statements.
  • Manage month-end close reporting and reconciliation processes.
  • Analyze and improve accounting configurations for accuracy.
  • Implement and manage new accounting standards per IFRS guidelines.
  • Conduct variance analysis and provide detailed commentary on financial statements.
  • Act as a key contributor in high-priority finance projects and presentations.

Benefits

  • Health, dental, and vision insurance.
  • Retirement savings plan with employer match.
  • Professional development and training opportunities.
  • Flexible working arrangements.
  • Generous paid time off and holidays.
Full Job Description

Title: Associates, Financial Accounting

Employer: ING Financial Services, LLC

Location: New York, NY

Salary range: $110,000 - $140,000

Job Description:

Lead the delivery of consolidated financial and regulatory reporting for ING’s head office. Lead preparation of Year-End audited financial statements for standalone legal entity. Own reconciliation processes across daily, monthly, quarterly, and annual cycles for timely and accurate month-end close reporting. Analyze existing accounting configurations and develop enhanced setups to improve financial data accuracy and reporting efficiency. Manage the implementation of new accounting standards and guidance in accordance with IFRS. Develop advanced reconciliations and variance analysis to produce detailed commentary for the Balance Sheet, Income Statement, and Off-Balance Sheet. Apply financial product knowledge to execute projects with strategic technology builds and changes in reporting paradigms. Contribute to project preparation and play a key role in multiple initiatives, supporting execution and driving progress across deliverables. Act as key contributor in presenting high-priority projects to the Finance Department, highlighting team efforts and final deliverables prepared for local regulators. Liaise with Finance teams, Operations, Front Office, internal and external auditors. Independently implement and enhance internal controls over financial reporting, identifying process inefficiencies and recommending improvements to strengthen control environments. Sign off on regulatory and financial reports as a reviewer. Lead interactions with internal auditors, external auditors, and Sarbanes-Oxley (SOX) compliance teams. Design onboarding programs and contribute to strategic planning, policy development, and financial oversight activities. Provide mentorship and job training to new team members.

Minimum Requirements:

Bachelor’s degree or foreign equivalent in Accounting, or Business Administration with Accounting focus and minimum 2 years of experience as financial or accounting analyst in the financial services industry. Must have experience working with the following: financial reporting and regulatory reporting; variance analysis and commentary accounting policies and new guidance implementation; automation and process improvement; financial products including Rev/Repo and Stock Borrow/Loan, derivatives, equities, and loans; performing financial analysis; Power BI and Python; navigating enterprise financial systems for reporting, journal entries, and data extraction; and reconciling financial data between multiple feeder systems and the general ledger to ensure accuracy and consistency.

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